v3.26.3
STOCKHOLDERS’ DEFICIT (Tables)
12 Months Ended
May 31, 2026
Offsetting Assets [Line Items]  
Schedule of Fair Value Assumptions

The fair value of the stock option grants, as of the respective fiscal year 2026 grant date amounted to approximately $2,640,772. The weighted average assumptions used in calculating these values were based on the following:

 

    2026  
Risk-free interest rate   3.62%  
Expected dividend yield   0%  
Expected volatility   189.1%  
Expected life of options   5.1 years  
Equity Option [Member]  
Offsetting Assets [Line Items]  
Schedule of Warrant Outstanding

The following table summarizes information about options granted during the years ended May 31, 2026 and 2025:

 

   Number of Shares   Weighted Average
Exercise Price
 
Balance, May 31, 2024   21,100,000   $0.08 
Options granted and assumed   -    - 
Options expired   (1,100,000)   0.38 
Options cancelled, forfeited   -    - 
Options exercised   -    - 
           
Balance, May 31, 2025   20,000,000   $0.06 
Options granted and assumed   9,725,000    0.28 
Options expired   -    - 
Options cancelled, forfeited   -    - 
Options exercised   -    - 
           
Balance, May 31, 2026   29,725,000   $0.13 
Warrant [Member]  
Offsetting Assets [Line Items]  
Schedule of Warrant Outstanding

The following table summarizes information about warrant activity during the two years ended May 31, 2026:

 

   Outstanding
Warrants
   Weighted
Average
Exercise
Price
 
Balance, May 31, 2024   1,260,870   $0.10 
Warrants issued to purchase common stock   200,000    0.23 
Warrants expired   -    - 
Warrants cancelled, forfeited   -    - 
Warrants exercised   -    - 
           
Balance, May 31, 2025   1,460,870   $0.11 
Warrants issued to purchase common stock   1,583,139    0.51 
Warrants expired   -    - 
Warrants cancelled, forfeited   -    - 
Warrants exercised   (1,475,000)   0.40 
           
Balance, May 31, 2026   1,569,009   $0.24